The value of exports of commodity group 12 "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder" from Nigeria totalled $ 856 million in 2023. Sales of commodity group 12 from Nigeria went up by 114% compared to 2022: exports of commodity group 12 "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder" went up by $ 457 million (cumulative exports of commodity group 12 from Nigeria amounted $398 million in 2022)
Exports of commodity group 12 "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder" amounted to 1.31% of total exports from Nigeria (cumulative merchandise exports from Nigeria totalled $ 65 billion in 2023). The share of commodity group 12 in total exports from Nigeria increased by 0.686 p.p. compared to 2022 (it was 0.628% in 2022 and cumulative exports from Nigeria were equal to $ 63 billion).
Top export destinations of "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder" from Nigeria in 2023:
The value of imports of commodity group 12 "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder" to Nigeria totalled $ 11 million in 2023. Sales of commodity group 12 to Nigeria decreased by 79% in value terms compared to 2022. imports of commodity group 12 "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder" decreased by $ 43 million (the value of imports of commodity group 12 to Nigeria was equal to $54 million in 2022)
Imports of commodity group 12 "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder" accounted for 0.016% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 12 in total imports to Nigeria decreased by 0.072 p.p. compared to 2022 (it was 0.089% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Top trading partners (import of "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder") of Nigeria in 2023: